price for today is 3,938.29 with a 24-hour trading volume of 11,884,981,704. On the whole, Bitcoins legal status in India is not too positive. Industry estimates suggest that there were five million cryptocurrency users in India in January this year spread across 10 exchanges. How many Bitcoin ATMs are there in India? Don't have a wallet? Below are a few other options available to you: Coinmama, coinmama may be based in Israel, but its available in a huge number of countries, including India. Its an easy Bitcoin exchange to use, but it does require ID verification. This would have been Indias first such kiosk where customers would have been able to deposit money for buying or withdraw money from selling cryptocurrencies through Unocoins mobile application or website. Youre not just limited to Indian Bitcoin exchanges when buying and selling Bitcoin in India. Display Unconverted Data, see All Trading Pairs.
The Bitcoin industry in India was once growing at a terrific rate as users were flocking to this digital currency to take advantage of its rapid price appreciation. Meanwhile, the demonetization of the Indian rupee by the countrys government a couple of years ago had led to an increase in demand for Bitcoin, but the sad news is that everything seems to be going downhill ever since. Bitcoin 2014 Review: Venture capital, fintech and Wall street push the digital currency forward. Suddenly, Bitcoin to Be Officially Legal in India.
The monthly trading volumes at that time were around.5 billion. Backed bitcoins ab 20 euro by investors in the United States, Unocoin is a regulated company in India and offers low 1 fees which fall.7 with increased trading volumes. The leading Bitcoin exchange in India, Unocoin was established in 2013 and allows users to buy Bitcoin with any Indian bank account. LocalBitcoins volume in India: Interest in Bitcoin in India is presented below. Offers both a trading platform and a brokerage service, both entail different fees. The platform allows you to buy BTC, as well as other cryptocurrency, with Indian Ruppes (INR). Moreover, banks are closing accounts that are suspected for being involved with Bitcoin.